Aspen Aerogels, Inc. (ASPN)
| Market Cap | 1.20B |
| Revenue (ttm) | 214.11M |
| Net Income (ttm) | -54.90M |
| Shares Out | 76.32M |
| EPS (ttm) | -0.72 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,189,029 |
| Open | 16.02 |
| Previous Close | 16.00 |
| Day's Range | 15.32 - 16.27 |
| 52-Week Range | 5.33 - 17.32 |
| Beta | 2.05 |
| Analysts | Strong Buy |
| Price Target | 21.25 (+34.66%) |
| Earnings Date | Feb 14, 2024 |
About ASPN
Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market; ... [Read more]
Financial Performance
In 2022, Aspen Aerogels's revenue was $180.36 million, an increase of 48.30% compared to the previous year's $121.62 million. Losses were -$82.74 million, 123.0% more than in 2021.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for ASPN stock is "Strong Buy." The 12-month stock price forecast is $21.25, which is an increase of 34.66% from the latest price.
News
Aspen Aerogels, Inc. Announces $75 Million Registered Direct Offering
NORTHBOROUGH, Mass. , Dec. 20, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels, Inc. Announces Additional EV Thermal Barrier Commercial Award and Provides Update on U.S. Department of Energy Loan Application Status
NORTHBOROUGH, Mass. , Dec. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a ...
Aspen Aerogels to Participate at Janney Montgomery Scott's Inaugural Clean Energy Investment Symposium
NORTHBOROUGH, Mass. , Nov. 21, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels, Inc. Reports Third Quarter 2023 Financial Results and Recent Business Highlights
Record revenue of $60.8 million led by PyroThin® revenues of $32.8 million, up 160% quarter-over-quarter Delivered Q3 gross profit margins of 23%, a 6-percentage point improvement over the prior quart...
Aspen Aerogels to Participate in November Investor Conferences
NORTHBOROUGH, Mass. , Oct. 26, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels, Inc. Provides Commercial and Full Year 2023 Financial Outlook Updates
Audi joins Scania as named PyroThin® awards within the Volkswagen Group Operating plans currently unimpacted by UAW Strike and headlines of re-timed OEM EV investments Raising 2023 Financial Outlook f...
Aspen Aerogels, Inc. Schedules Third Quarter Earnings Release and Conference Call
NORTHBOROUGH, Mass., Oct. 19, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company") today announced that Don Young, President and Chief Executive Officer, and Ricardo C.
Aspen Aerogels, Inc. Appoints Santhosh Daniel Chief Accounting Officer
Accomplished Accounting Executive with 25+ Years of Business Experience NORTHBOROUGH, Mass. , Sept. 14, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology...
Aspen Aerogels, Inc. Appoints Stephanie Pittman Chief Human Resources Officer
Accomplished Human Resources Executive with 25+ Years of Experience to Join Aspen; Kelley Conte, SVP of Human Resources, to Retire Following Valued Career Contributions at Aspen NORTHBOROUGH, Mass. , ...
Aspen Aerogels to Participate in September Investor Conferences
NORTHBOROUGH, Mass. , Aug. 29, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels Recognized as a 2023 Automotive News PACE Awards Finalist
NORTHBOROUGH, Mass. , Aug. 14, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today ...
Aspen Aerogels, Inc. Reports Second Quarter 2023 Financial Results and Recent Business Highlights
Delivered Q2 gross profit margins of 17%, a 20-percentage point improvement over the same period last year Positioned to deliver strong results from expected demand growth in the second half of 2023 R...
Aspen Aerogels to Participate in August Investor Conferences
NORTHBOROUGH, Mass. , July 25, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels, Inc. Schedules Second Quarter Earnings Release and Conference Call
NORTHBOROUGH, Mass. , July 20, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo C.
Aspen Aerogels Announces Termination of "At-The-Market" Equity Offering Program
NORTHBOROUGH, Mass. , June 15, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced i...
Aspen Aerogels Celebrates Opening of State-of-the-Art Advanced Thermal Barrier Center in Marlborough, MA
NORTHBOROUGH, Mass. , June 7, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today ...
Aspen Aerogels to Present at TD Cowen Sustainability Week
NORTHBOROUGH, Mass. , May 25, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced th...
Aspen Aerogels, Inc. Reports First Quarter 2023 Financial Results and Recent Business Developments
Revenue growth of 19% year-over-year aligned with expectations, reiterating 2023 revenue and adjusted EBITDA outlook Awarded PyroThin ® contract for European EV commercial truck program with start o...
Aspen Aerogels to Participate in May Investor Conferences
NORTHBOROUGH, Mass. , April 26, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced ...
ASPEN AEROGELS SUES KOREAN AEROGEL SUPPLIER AND NORWEGIAN PARENT COMPANY FOR PATENT INFRINGEMENT
Patent infringement and unfair trade practices actions filed against Beerenberg in Korea for infringing Aspen's patents on aerogel materials and processes. NORTHBOROUGH, Mass.
Aspen Aerogels, Inc. Schedules First Quarter Earnings Release and Conference Call
NORTHBOROUGH, Mass. , April 20, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo C.
Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal 2022 Financial Results and Recent Business Developments
Quarterly revenue growth of 90% year-over-year drove 2022 annual revenues to $180 million, a 48% increase NORTHBOROUGH, Mass. , Feb. 15, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen"...
Aspen Aerogels, Inc. Schedules Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call
NORTHBOROUGH, Mass. , Feb. 2, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo Rodriguez, Chief F...
Aspen Aerogels, Inc. Announces Pricing of Upsized Public Offering of $240 Million of Common Stock
NORTHBOROUGH, Mass. , Nov. 30, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels, Inc. Announces Proposed Public Offering of $200 Million of Common Stock
NORTHBOROUGH, Mass. , Nov. 29, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...